IndiGrid, IBM Collaborate for Digital Transformation of Critical Power Infrastructure

IT-giant IBM and KKR & Co-backed India Grid Trust (IndiGrid) has signed a multi-year collaboration agreement to build an artificial intelligence (AI)-enabled asset management platform.

December 17, 2020. By Manu Tayal

IT-giant IBM and KKR & Co-backed India Grid Trust (IndiGrid) has signed a multi-year collaboration agreement to build an artificial intelligence (AI)-enabled asset management platform.

As per the deal, IndiGrid will deploy a hybrid cloud solution with IBM Maximo Application Suite running on the secure and open IBM Cloud to optimize quality and utilization of its assets throughout their lifecycle, increase productive uptime through preventative and predictive maintenance, drive efficiency and reduce operating costs — ultimately delivering better value to its investors.

IndiGrid currently has 11 operating projects consisting of 28 transmission lines with over 6,280 circuit KMs length and 9 substations with 11,460 MVA transformation capacity and plans to grow its asset base in transmission and solar sector.

Through this digital transformation, IndiGrid will be able to monitor, manage and maintain these multi-component assets efficiently and leverage AI for detecting anomalies at scale – thus proactively preventing their breakdown and boosting availability.

Commenting on the collaboration, Satish Talmale, COO, IndiGrid said, “IndiGrid has adopted a long-term Reliability Centered Maintenance (RCM) approach to manage its assets with utmost safety, reliability and efficiency. This collaboration with IBM will enable IndiGrid to lead the sector transformation from the conventional-corrective practices to preventive and resilient-RCM approach. This approach is laid on the back of industry-leading process standardization, predictive and risk-based maintenance practices and also upskilling of its workforce for digital asset management.”

“For India’s energy companies, constant upkeep of critical infrastructure is paramount to ensure reliable, safe, and uninterrupted services. The operational and financial impact of these assets are multifold. By capitalizing on new AI and cloud capabilities to bring Industry 4.0 live in action and gain from it, IndiGrid is paving the way for the industry. With IBM’s Maximo Application Suite running on IBM Cloud, IndiGrid will be able to take the preventive, predictive and prescriptive actions required to reduce risk, lower costs and improve efficiencies – helping them to realize their vision to be the most admired yield vehicle in Asia,” said Kamal Singhani, Country Managing Partner – IBM Services, India and South Asia.

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